An empirical study on the determinant factors of key management compensation in all publicly listed companies in the Philippines
Because of the significance of the role of key management personnel, numerous studies have emphasized the manner in which they are compensated. However, these studies have only focused on one variable and have not analyzed it on a time series basis. As such, the change in compensation from year to y...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2014
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| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/11847 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | Because of the significance of the role of key management personnel, numerous studies have emphasized the manner in which they are compensated. However, these studies have only focused on one variable and have not analyzed it on a time series basis. As such, the change in compensation from year to year is often overlooked. This study will revolve around the determinants that affect the change in compensation of key management personnel across a five-year period among all Philippine-listed companies. We focused on seven independent variables in a quantitative approach. These variables are: firm size, firm age, and quick ratio under firm characteristic return on invested capital, and corporate income tax under performance stock price changes under equity characteristics and the extent of disclosure under corporate transparency. Through the panel data regression model, we determined that capital returns cause significant impact on key management compensation. |
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